According to the latest Housing Trends Report (HTR) from the National Association of Home Builders, current home buyers are not showing any signs of giving up, despite the tight housing market. Interestingly, 42% of those planning to buy a home this year said their search was in “full throttle.” Indeed…..real estate investors are in a great position to help meet that need. The HTR is a new quarterly research product by the NAHB’s economics team to track prospective home buyers’ perceptions about the availability and affordability of homes for-sale in their markets.
According to the graph below: These are the Next Steps if Still Unable to Find Home in Months Ahead
(Percent of Prospective Home Buyers Who Have Been Looking for 3+ Months)